252 & 254 Camberwarra Drive, Craigie, WA 6025

Cygnet West and Altegra are excited to present 252-254 Camberwarra Drive Craigie to the market. The site represents a unique opportunity to secure an accommodation facility, on a significant parcel of land, in a well established residential catchment.

Craigie is located 23kms North of the Perth CBD and just 2kms to the coast. 252-254 Camberwarra Drive is ideally positioned only 200m from Marmion Avenue and it nestled between Whitford Catholic Primary School, Nido Early School and Craigie Lookout nature reserve.

• Land Area: 5,300 sqm

• Building Area: 1,279sqm approximately over 3 separate buildings

• Passing Lease Income: $285,000 net rent per annum (Potential fully leased net annual rent per annum of $410,000pa)

• Low site cover of only 30% providing scope for future development

The property was originally used as a Catholic aged care facility and property comprises 3 separate buildings of 30 bedrooms, chapel, commercial-style kitchen, laundry, office/admin areas and caretakers unit. It is zoned for Private Community Purpose but has an approved use a Residential Building. Minor refurbishments were complete earlier this year in order to support occupancy by the current tenant (June 2026 lease commencement) in a portion of the site, with the balance of the property holding the ability to accommodate a range of other occupants such as students, Skilled Workers, NDIS, Health Related Housing etc.

252-254 Camberwarra Drive comes with a new 2-year lease to one of WA’s largest residential builders $285,000 net rent per annum who occupy one of the 3 buildings on site. Significant opportunity presents with the balance of site and buildings.

To secure an inspection or request more information, please reach out to either Henry Vu or Adam Smith, the exclusive selling agents for the property.